Infographic: How little Govt will spend of Rs 21 lakh cr stimulus package
Barclays Research, SBI Research, CARE Ratings and Ernst & Young believe government will pay little from its kitty towards the Rs 20 lakh crore Atma Nirbhar economic stimulus
- May 18, 2020,
- Updated May 22, 2020 4:19 PM IST
The fineprint of the Rs 20 lakh crore Atma Nirbhar economic package is finally out and the actual cash outgo from Centre's coffers for this stimulus is only 0.75% to 1.5% of GDP, a miniscule amount when compared to other countries. This BusinessToday.In infographic explains the math behind India's plan to revive an economy battered by nationwide lockdown.
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The fineprint of the Rs 20 lakh crore Atma Nirbhar economic package is finally out and the actual cash outgo from Centre's coffers for this stimulus is only 0.75% to 1.5% of GDP, a miniscule amount when compared to other countries. This BusinessToday.In infographic explains the math behind India's plan to revive an economy battered by nationwide lockdown.
Also view: Alcohol to the rescue
Also view: Has Sensex bottomed out?
Also view: What crude crash means for India
Also view: How coronavirus has hurt Indian economy